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PSA-CAR Special Release: February 2016 CAR Imports
Vietnam, Qatar, Ukraine, U.S. minor outlying islands, Austria, Pakistan, and the Czech
Republic accounted to only 2.8% of the total value of imported goods of the region.
Ten (10) out of the 21 member countries of the Asia-Pacific Economic Cooperation
(APEC) were the primary sources of CAR’s import goods, namely Canada, Hongkong,
Vietnam, Thailand, Malaysia, China, Singapore, Japan, Korea, and United States of
America. These countries were also the region’s top trading partners with total import
receipts amounting to $49,933,064, representing 71.6% of the total imports of the
region.
On the other hand, imports from non-APEC countries had a total value of
$14,476,120.00, which comprised 28.4% of imported commodities of the region.
Comparison: Commodity by Country Source
CAR had spent the amount of $39,028,642 (40.3%) to buy 87,879.5 kg. (32.8%) of
electrical machinery and equipment and parts thereof. These commodities mainly
originated from the Republic of Korea, United States of America, and Japan.
Among the countries, CAR mainly imported from the Republic of Korea with total import
volume of 28,846.1 kg. consisting of electrical machinery and equipment, and parts
thereof. These had a total import value of $5,182.
Free on Board Value (FOB) – is the value of the goods free on board the carrier at the frontier of the exporting
country. It includes inland freight, export duty and other expenses. In addition, the value of goods in
the Philippine foreign trade statistics is FOB.
Country of Destination (Exports only) – it is the country where the goods are to be consumed, further
processed, or manufactured.
Country of Origin (Imports only) – it is the country where the goods are mined, grown, or manufactured or
where each foreign material used or incorporated in a good underwent a change in tariff classification
indicating a substantial transformation under the applicable rule of origin for the good.
Exports – the goods and services that are sold to other countries.
Imports – the goods and services that a country buys from other countries.
Philippine Standard Commodity Classification (PSCC) – is used to classify the imported commodities at
the most detailed level for statistical purposes.
For more information, please contact:
Mail: PSA - CAR, Regional Office
141 CTLL Bldg. Abanao Extension, Baguio City
Tel. Nos.: (074) 442-7449
Telefax No.: (074) 443-7763
Email: socd_psacar@yahoo.com
psacordillera@yahoo.com.ph
Website: psacordillera.esy.es